The article highlights the influential role of the 'Magnificent 7' technology stocks—Apple, Amazon, Alphabet, Microsoft, Nvidia, Meta, and Tesla—in the US bull market and S&P 500 Index rise. While these companies operate in diverse sectors, their collective performance and market capitalization have shaped the financial landscape. The piece discusses how Meta and Tesla are growing through their AI research and development, emphasizing that investment decisions should consider risk perception and valuation. Elon Musk's multifaceted ventures are also mentioned, showcasing Tesla's innovations beyond electric vehicles.
Over the past few years, a collection of technology stocks, i.e., Apple, Amazon, Alphabet (Google), Microsoft, Nvidia, Meta Platforms (Facebook), and Tesla - have become largely responsible for the surging US bull market and the commensurate growth in the S&P 500 Index.
Perceptions of risk and valuation are elements to consider if one is deciding to choose to invest in only one or the other.
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